@CAChirag There is no need to increase volume, as quality tends to degrade. In recent years, the number of CAs has increased significantly, and everyone has to undertake audit work. For middle- and lower-level practicing CAs, the focus should be on quality work rather than quantity
@R_N_Vaghani No interest on GST REFUND
1) The amount remains lying in the Electronic Cash Ledger
2) GST refund upto 60 days from date of application of refund
@R_N_Vaghani Business class for Government, Economy class for taxpayer ๐๐
Or we can say either
Taxpayer delay = Punishment rate
Government delay = Charity rate
@R_N_Vaghani ITR filing with a CA generally costs 1,000โ4,000.
And if anyone expects year-round replies or guidance for every small query, then the ITR fees automatically become a full-year consultancy fee
So the ITR fee is not just for filingโit also covers consultancy for the whole year
@priteshlakhani Dear Pritesh,
โน40,000? Seriously?
We have been in this industry for a long time, and our standard offering ranges from โน5,000 to โน15,000 depending on the interview and candidate profile.
Quoting โน40,000 too much
#WATCH | Delhi: Defence Minister Rajnath Singh says, "...Today, the land of Sindh may not be a part of India, but civilisationally, Sindh will always be a part of India. And as far as land is concerned, borders can change. Who knows, tomorrow Sindh may return to India again..."
"I'd also like to mention the Lal Krishna Advani here. He wrote in one of his books that Sindhi Hindus, especially those of his generation, still haven't accepted the separation of Sindh from India. Not just in Sindh, but throughout India, Hindus considered the Indus River sacred. Many Muslims in Sindh also believed that the water of the Indus was no less sacred than the Aab-e-Zamzam of Mecca. This is Advani's quote. Today, the land of Sindh may not be a part of India, but civilisationally, Sindh will always be a part of India. And as far as land is concerned, borders can change. Who knows, tomorrow Sindh may return to India again. Our people of Sindh, who hold the Indus River sacred, will always be our own. No matter where they are, they will always be ours."
@R_N_Vaghani Income Tax refund arising from TDS and advance tax paid by the taxpayer is treated similar to a Fixed Deposit, as it earns interest.
Similarly, an Income Tax demand is treated like a CC/OD loan, on which you are required to pay a higher rate of interest.
1971 - Joined RSS
1978 - Became Pracharak
1985 - Joined BJP
1988 - Gujarat Gen. Secy., BJP
1995 - National Secretary, BJP
1998 - Gen Secy of BJP
2001 - Became CM of Gujarat
2002 - Re elected CM
2007 - Re elected CM
2012 - Re elected CM
2013 - Declared PM Candidate
2014 - Became Prime Minister
2019 - Re elected Prime Minister
2014 to 2024 - Led BJP's historic wins
2024 to Present - Serving as Prime Minister
Meanwhile, Pappu is not even close to Modis political career
GST slab consolidation and rate rationalization is โek teer kai nishaanโ
-Lowers inflation
-Increases growth
-Boosts consumer sentiment, -doesn't disturb path of fiscal consolidation
-Improves ease of doing business and
-Partially offsets adverse effects of Unfair US tariffs.
The Diwali gift of ~ Rs 48000 crore is fiscally manageable at ~ 7 bps
Rationalisation of GST will partially help offset the adverse impact of US tarriff in the quarters to come with increased consumption
Completing two days GST council meeting in one day does show the urgency.
While the leakages and fraud of GST needs to be dealt with iron hand, process improvement should be a continuous affair with feedback loop.
Savings misallocation happening through F & O speculation and double your money ponzi schemes making Indians quick money addicts costs more than four-five times the GST gift.